Rada Community Investment Corporation in Raleigh, North Carolina (NC)

Rada Community Investment Corporation
Employer Identification Number (EIN)	463223935
Name of Organization	Rada Community Investment Corporation
Address	4030 Wake Forest Rd Ste 205, Raleigh, NC 27609-6800
Subsection	Charitable Organization
Ruling Date	05/2014
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$370,769
Amount of Income	$4,789
Form 990 Revenue Amount	$4,789
National Taxonomy of Exempt Entities (NTEE)	Human Services - Multipurpose and Other: Human Services - Multipurpose and Other (Not Elsewhere Classified)

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Financial snapshot for 2013 ($)

	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$4,789
Contributions, gifts, grants, and similar amounts received	$0
Program service revenue including government fees and contracts	$4,789
Membership dues and assessments	$0
Investment income	$0
Gain/Loss from sale of assets other than inventory	$0
Net income/loss from gaming and fundraising events	$0
Gross profit/loss from sales of inventory	$0
Other revenue	$0
Total expenses	$5,432
Total net assets	$-643
Excess/Deficit for the year	$-643
Net assets or fund balances at beginning of year	$0
Other changes in net assets or fund balances	$0
Net assets or fund balances at end of year	$-643

	2013
Balance Sheets
Total assets	$370,769
Total liabilities	$371,412
Net assets or fund balances	$-643

	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?	No
Were any significant changes made to the organizing or governing documents?	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
Has the organization filed a Form 990-T for the year?	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?	No
Amount of political expenditures, direct or indirect	$0
Did the organization file Form 1120-POL for this year?	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?	No
Total amount involved	$0
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

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